5 months on rocket

675 W Gilbert Rd, Palatine, IL, 60067

$485,000

Home List Price

$5,759*

Closing Credit

5 Bedrooms
2 Full Baths
3,424 SqFt
$142/SqFt
House

Location

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675 W Gilbert Rd, Palatine$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
HeatingNatural Gas
BasementYes
FireplaceWood Burning
MLS #12081692
Lot Size1.04 Acres
StatusActive

About 675 W Gilbert Rd

This property is an incredible opportunity, priced below its appraised value! Builders and Developers bring you creative vision! Perfect for designing your dream build or develop two new homes amidst tranquil surroundings. Renovation of the existing home could also be a possibility. The 45,564 sq. ft. parcel can be easily subdivided to develop two residential lots offering endless possibilities for builders and developers. Offering New Build clientele all the convenience of urban living from their peaceful suburban retreat complete with privacy from neighbors yet only a few blocks from acclaimed FREMD High School District and Pleasant Hill Elementary. LOCATION, LOCATION, LOCATION -- Metra Station only 1.5 miles away and quick access to Routes 53 and I90, you can easily reach O'Hare Airport, Downtown Chicago, local health services, shopping centers, restaurants, and Forest Preserves in every direction. Historic Downtown Palatine, just 1.5 miles away, offers a variety of shopping and dining options, as well as Farmers Markets and Town Festivals. Your family will be sure to love the close proximity to The Birchwood Rec Center with outdoor pool, picnic shelter, gymnasium, football and baseball/softball fields, tennis and basketball courts, playground, pre-school and much more. The nearby Palatine Senior Center offers programs and services which support Seniors and their families. Harper College, a renowned public community college, is also conveniently close. If it's outdoor enjoyment you seek, you will find Deer Grove Forest Preserve (3.5 miles), Palatine Prairie & Margreth Riemer Reservoir Park (1.4 miles). Situated on the nearly acre lot is an unique home lovingly built over the course of 25 years by its original owner consisting of 3000+ square feet of living offering 5 bedrooms, 2 full baths, walkout basement and much more. Additional amenities include comfortable Hot Water Heat, 2 patios, 1 Car Garage with Workshop and storage areas. City water and sewer are available on the south side of Gilbert, with the current home already connected to the city sewer, gas and electric. When location is key and land opportunities are scarce you will want to check out this prime parcel in the desirable Palatine Knolls Subdivision.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Living Area: 3,424 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty
  • Office Phone: (847) 381-9500
  • Listing Agent: Victoria Suthers

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Washer, Dryer, Range Hood
  • Basement: Yes
  • Interior: Skylight(s), First Floor Bedroom, In-Law Arrangement, First Floor Full Bath, Pantry
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Workshop

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Wooded, Trees, Level
  • Lot Size: 1.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Quentin Rd North of Illinois Ave to Gilbert Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $1,977
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Palatine, IL.

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Palatine, IL

City

Med. Sold Price

$334.5K

Med. Price/SqFt

$216

Avg. Days On Market

23

# of Sold Homes

65

675 W Gilbert Rd vs Palatine

174 DAYS ON ROCKET

+151 Days

$485,000

+$150.4K More

$142/SqFt

-$75 Less

KEY TAKEAWAY

This property is $150.4K more than the Median Sold Price and $75/SqFt less than other homes in Palatine, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12081692

Listing Office:

  • Office Name: Keller Williams Success Realty
  • Office Phone: (847) 381-9500
  • Listing Agent: Victoria Suthers

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$1,977$30,870
2018$2,146$39,579
2017$2,068$39,579

History based on county public records data.

Payment Calculator

$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4469332
8
/10

  • Pleasant Hill Elementary School

  • 434 W Illinois Ave

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-4469333
7
/10

  • Hunting Ridge Elementary School

  • 1105 W Illinois Ave

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-4469334
5
/10

  • Stuart R. Paddock Elementary School

  • 225 W Washington St

  • 0.79 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,302. The majority of Palatine, IL residents have income between $100k-200k annually. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palatine, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Palatine, IL.

The housing landscape in Palatine is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Architectural styles range from classic mid-century designs to contemporary constructions, with a significant portion of homes built in the latter half of the 20th century. The area has a healthy homeownership rate, with a substantial percentage of residents owning their homes, while the remainder of the population resides in rental properties.

What is it like to live in Palatine, IL?

Palatine prides itself on a community-centric atmosphere, where local events and festivals play a pivotal role in bringing residents together. The area is celebrated for its well-maintained parks and recreational facilities, which contribute to the town's family-friendly character. Seasonal events and community gatherings are a testament to the town's vibrant cultural identity and strong sense of togetherness.

Is it easy to get around Palatine, IL without a car?

Residents of Palatine benefit from a robust selection of essential services. The educational landscape includes a number of public and private schools, offering a range of options for families. Healthcare is well-supported by local clinics and hospitals that provide a variety of services from routine care to specialized treatments. The community also enjoys access to public libraries and a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services to meet the evolving needs of the population.

Transportation in Palatine, IL.

Transportation in Palatine features a combination of public transit options and well-connected roadways that facilitate easy commuting and travel within the area. The community is served by a network of buses, with schedules designed to accommodate the needs of residents. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area. The town also emphasizes walkability in certain districts, with ongoing efforts to enhance pedestrian and bicycle infrastructure for a more sustainable and accessible environment.

Frequently Asked Questions About 675 W Gilbert Rd

What is the listing price of this property?

The listing price of 675 W Gilbert Rd property is $485,000.

What type of property is this?

The property 675 W Gilbert Rd is a house located in Palatine, Illinois, 60067.

Is this property for sale now?

Active Listing: 675 W Gilbert Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,977 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 675 W Gilbert Rd has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 675 W Gilbert Rd is 3,424 SqFt (source: MLS/tax record).

Rocket Homes›Illinois›Cook County›Palatine›60067›675 W Gilbert Rd

This home is located at 675 W Gilbert Rd in Palatine, IL and zip code 60067. This 3,424 square foot home sits on a 1.04 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $485,000.

In November 2024, from all listings sold in Palatine, IL there were more than 16 sold above asking price, over 36 sold below and more than 13 were sold right at the asked price. In November 2024 in Palatine, IL there were 10.6% less homes for sale than in October 2024. Listings spent 23 days on the market in November 2024, and had a median list price of $334,571 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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